Depositing ₹1,20,000 every year in PPF at 7.1% gives about ₹32.5 lakh (₹32,54,567) after 15 years, all tax-free. You deposit ₹18,00,000.
PPF interest is worked out on the lowest balance between the 5th and the end of each month. Depositing the full year's amount by 5 April earns interest for all 12 months.
| Year | You put in | Balance |
|---|---|---|
| 1 | ₹1,20,000 | ₹1,28,520 |
| 2 | ₹2,40,000 | ₹2,66,165 |
| 3 | ₹3,60,000 | ₹4,13,583 |
| 4 | ₹4,80,000 | ₹5,71,467 |
| 5 | ₹6,00,000 | ₹7,40,561 |
| 6 | ₹7,20,000 | ₹9,21,661 |
| 7 | ₹8,40,000 | ₹11,15,619 |
| 8 | ₹9,60,000 | ₹13,23,348 |
| 9 | ₹10,80,000 | ₹15,45,826 |
| 10 | ₹12,00,000 | ₹17,84,099 |
| 11 | ₹13,20,000 | ₹20,39,290 |
| 12 | ₹14,40,000 | ₹23,12,600 |
| 13 | ₹15,60,000 | ₹26,05,314 |
| 14 | ₹16,80,000 | ₹29,18,812 |
| 15 | ₹18,00,000 | ₹32,54,567 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.